What is the price of cinnamon per kilogram/pound in US today?
The retail price range for US cinnamon is between US$ 2.85 and US$ 6.65 per kilogram or between US$ 1.29 and US$ 3.02 per pound(lb). Click here to see today's exact prices of cinnamon in US
The retail price range in Euro for cinnamon is between EUR 2.62 and EUR 6.11 per kilogram or between EUR 1.19 and EUR 2.77 per pound(lb) in Washington and New York.
In 2023, the approximate wholesale price range for US cinnamon is between US$ 2.00 and US$ 4.66 per kilogram or between US$ 0.91 and US$ 2.11 per pound(lb).
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US Cinnamon Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cinnamon from the US over the last five years has seen a steady increase. In 2017, the price was 5.06 US dollars per kilogram, and by 2021, it had risen to 6.10 US dollars per kilogram. This represents an increase of 20.3% over the five-year period. The highest price was in 2021, at 6.10 US dollars per kilogram, while the lowest price was in 2013, at 3.63 US dollars per kilogram. Based on this trend, it is predicted that the export price per kilogram of Cinnamon from the US in 2023 will be 6.30 US dollars, and in 2024, it will be 6.50 US dollars.
The cinnamon exports from US are classified as:
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
- Cinnamon and cinnamon-tree flowers (excluding crushed and ground) (HS code 090610)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
US Cinnamon Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cinnamon into the US over the last five years has seen a steady increase. In 2017, the price was $5.06, and by 2021, it had risen to $6.10. This represents an increase of 20.3% over the five-year period. The highest price was recorded in 2021 at $6.10, while the lowest was in 2013 at $3.63. The average price over the five-year period was $5.30. Looking ahead, we can expect the price of Cinnamon to remain steady in the coming years, with a predicted price of $5.87 for 2023 and $6.04 for 2024.
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Export values for US cinnamon
The total values in export for cinnamon in US were US$ 8,283, US$ 10,599, US$ 12,814 and US$ 12,281 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.